Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for GBPMUR
The long term trend has been DOWN since Jul 17th, 2019 at 44.4980
The intermediate term trend has been DOWN since Jul 29th, 2019 at 44.3745
The short term trend has been UP since Aug 14th, 2019 at 43.4265
Smart Scan Analysis for GBPMUR
Based on a pre-defined weighted trend formula for chart analysis, GBPMUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.5145 | 43.9030 | 43.5110 | 43.8760 | +0.3615 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.5145 | 42.2340 | 45.5180 | 2019-08-16 15:55:55 |